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Allows owner-operators to achieve the goal of independence that motivated the driver to become an owner operator in the first
place. Some advantages of becoming an owner operator with Roadrunner Transportation Services are:
Significant freedom of choice in the conduct of the drivers business, minimal revenue sharing, the driver is provided with primary
insurance coverage, Roadrunner handles most of the administrative functions, and last but certainly not least Roadrunner's pay is
excellent!
place. Some advantages of becoming an owner operator with Roadrunner Transportation Services are:
Significant freedom of choice in the conduct of the drivers business, minimal revenue sharing, the driver is provided with primary
insurance coverage, Roadrunner handles most of the administrative functions, and last but certainly not least Roadrunner's pay is
excellent!
Roadrunner Transportation Services is an LTL Common Carrier, with headquarters in Cudahy,
Wisconsin, and 48 state operating authority. They have terminals in the following locations:
Milwaukee, WI Chicago, IL
Dallas, TX Cleveland, OH
Cincinnati, OH St. Louis, MO
Minneapolis, MN Detroit, MI
Indianapolis, IN Charlotte, NC
Atlanta, GA Nashville, TN
Los Angeles, CA San Francisco, CA
Seattle, WA Portland, OR
Fontana, CA
From these locations they load to major metropolitan areas throughout the United States where
they have a terminal and agent network that unloads and delivers the freight. In all cases, the
Owner-Operator chooses the destination to which he/she is willing to be loaded. There is no
forced dispatch. Revenue on loads from Roadrunner terminals is paid on a mileage basis (PC
Miler – Practical Miles) with 100% of the revenue going to the truck.
There extensive terminal network provides ample opportunity for the Owner-Operator to run
his/her business hauling only Roadrunner freight. However, if a situation arises where the
Owner-Operator needs to secure an outside (back haul) load, Roadrunner will provide the
billing and collecting and if the customer /broker are credit approved, pay the Owner-Operator
“up front”.
While Roadrunner has turnover well below industry averages, and there Owner-Operators tend
to stay with them for a long time, like any business venture, the initial stages are the most
challenging. Being an LTL company, loading and dispatch patterns are different than truckload
companies. These are things that are learned by the new Contractor and he/she uses this
knowledge in their overall business strategy. However there is a learning curve that is natural in
any new business venture and must be expected. Also, for many new Contractors, dealing with
brokers and assuming responsibility for securing a portion of the business is new and like any
other business development, success takes time and is the result of the effort and skill of the
individual.
EQUIPMENT STANDARDS
Tractor 5 years or newer
Trailer Minimum 53' 102" Van or Reefer
Wisconsin, and 48 state operating authority. They have terminals in the following locations:
Milwaukee, WI Chicago, IL
Dallas, TX Cleveland, OH
Cincinnati, OH St. Louis, MO
Minneapolis, MN Detroit, MI
Indianapolis, IN Charlotte, NC
Atlanta, GA Nashville, TN
Los Angeles, CA San Francisco, CA
Seattle, WA Portland, OR
Fontana, CA
From these locations they load to major metropolitan areas throughout the United States where
they have a terminal and agent network that unloads and delivers the freight. In all cases, the
Owner-Operator chooses the destination to which he/she is willing to be loaded. There is no
forced dispatch. Revenue on loads from Roadrunner terminals is paid on a mileage basis (PC
Miler – Practical Miles) with 100% of the revenue going to the truck.
There extensive terminal network provides ample opportunity for the Owner-Operator to run
his/her business hauling only Roadrunner freight. However, if a situation arises where the
Owner-Operator needs to secure an outside (back haul) load, Roadrunner will provide the
billing and collecting and if the customer /broker are credit approved, pay the Owner-Operator
“up front”.
While Roadrunner has turnover well below industry averages, and there Owner-Operators tend
to stay with them for a long time, like any business venture, the initial stages are the most
challenging. Being an LTL company, loading and dispatch patterns are different than truckload
companies. These are things that are learned by the new Contractor and he/she uses this
knowledge in their overall business strategy. However there is a learning curve that is natural in
any new business venture and must be expected. Also, for many new Contractors, dealing with
brokers and assuming responsibility for securing a portion of the business is new and like any
other business development, success takes time and is the result of the effort and skill of the
individual.
EQUIPMENT STANDARDS
Tractor 5 years or newer
Trailer Minimum 53' 102" Van or Reefer
LIABILITY INSURANCE, when you are under load, is
provided by Roadrunner. The Contractor is responsible
for the first $3,500 of the liability if it is determined that
the liability was caused by the negligence of the
Contractor.
BOBTAIL INSURANCE is required in the amount of
$1,000,000. This provides liability coverage when you
are empty or using your tractor in a non-trucking
capacity. Great West Casualty provides this insurance
at a flat rate of $30.00 per month.
OCCUPATIONAL ACCIDENT INSURANCE provides the
Contractor protection from expenses due to injury as
well as disability income during the time the person is
unable to work. This policy also includes a “minimum
certificate” workers compensation policy that covers the
contractor against claims for injury by a casual laborer.
However, if the Contractor has a co-driver that is an
employee, and is paid on a W-2 basis he/she must
purchase a full Workers Compensation policy in the
State of residence providing coverage for this employee.
PHYSICAL DAMAGE INSURANCE is provided by Great
West Casualty at a competitive rate of .29% of the
insured value per month. The deductible for this
insurance is $1000.
CARGO INSURANCE coverage is provided by
Roadrunner for all Roadrunner generated loads. The
maximum liability per load is $500,000. The Contractor
will be charged $1,000 deductible per loss occurred. In
addition a Contractor may purchase cargo insurance for
their brokered back hauls through Roadrunner (or any
other source) for $57 a month. This insurance covers
the first $50,000 of the load, and Roadrunner Dawes
covers the remainder up to the $500,000 limit.
HNI Risk Services offers the Roadrunner Owner
Operators group rates on the above insurances.
provided by Roadrunner. The Contractor is responsible
for the first $3,500 of the liability if it is determined that
the liability was caused by the negligence of the
Contractor.
BOBTAIL INSURANCE is required in the amount of
$1,000,000. This provides liability coverage when you
are empty or using your tractor in a non-trucking
capacity. Great West Casualty provides this insurance
at a flat rate of $30.00 per month.
OCCUPATIONAL ACCIDENT INSURANCE provides the
Contractor protection from expenses due to injury as
well as disability income during the time the person is
unable to work. This policy also includes a “minimum
certificate” workers compensation policy that covers the
contractor against claims for injury by a casual laborer.
However, if the Contractor has a co-driver that is an
employee, and is paid on a W-2 basis he/she must
purchase a full Workers Compensation policy in the
State of residence providing coverage for this employee.
PHYSICAL DAMAGE INSURANCE is provided by Great
West Casualty at a competitive rate of .29% of the
insured value per month. The deductible for this
insurance is $1000.
CARGO INSURANCE coverage is provided by
Roadrunner for all Roadrunner generated loads. The
maximum liability per load is $500,000. The Contractor
will be charged $1,000 deductible per loss occurred. In
addition a Contractor may purchase cargo insurance for
their brokered back hauls through Roadrunner (or any
other source) for $57 a month. This insurance covers
the first $50,000 of the load, and Roadrunner Dawes
covers the remainder up to the $500,000 limit.
HNI Risk Services offers the Roadrunner Owner
Operators group rates on the above insurances.